Vanna is 47 years old. She is from Takeo Province, Cambodia, married, and blessed with four children. Vanna has been selling grilled chicken for more than 10 years, earning approximately $7 per day. Her husband is a rice farmer who earns about $1 daily. Three of her children are employed. They earn about $15 each day.
Due to the difficulty in her family’s transportation, Vanna is requesting a loan of $1000 to purchase a motorbike for commuting. This purchase would enable her to use the saved money from her transportation expenses to support her family. In the future, she would like to expand her business and help her youngest child earn a bachelor’s degree.
KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.